οΏ½You better be writing this all down.
Si can build a 500 dollar pc to run my server and when im not using it i can mine bitcoin on it and even if thats only like 10 dollars a month thats still no operating cost and itβll eventually pay itself off
SI run my own little host
οΏ½Smoke's goin' above and beyond educating yo sorry ass. :U
CFor free
SYes you could
Sbut it's also a 500 dollar upfront cost
SSand most businesses spend more than 500 dollars on a server
Ssince they use racks, etc
οΏ½I mean you could mine bitcoin and run the server on it at the same time assuming the mining method is GPU based only.. olol :U
Sbut a lot of pool miners use CPU and RAM too
Sso you'd have to be doing it all on your own which is slow as hell without an ASIC
οΏ½But mining these days is pointless, you may as well just buy a chunk of NRG or something, stake it and host a node.
SI wouldn't say it's pointless
Sit's just you need a lot of investment capital
Sfor it to be profitable
Slike you already need to have tens of thousands of dollars
Sto profit off it
Sthere's some guy making 1 mill a year off mining
οΏ½yurp :< I gave up on it personally, my hands were pretty sticky. :U
Sbut he spent close to 20 grand on all his equipment
οΏ½I doubt that he's making a million from mining just from 20k worth of a rack.
οΏ½I mean, maybe like 5 years ago
Snot the racks
SI mean all the accessories
SI don't remember exact numbers either
Sso
οΏ½Eh :U
SYouTubeiWonder
Bitcoin mining is a hot topic these days so I meet up with JP Baric to figure out what is bitcoin? How the 23 year old grew his business in the bitcoin mining world. JP is the founder and CEO of Mining Store. He has been an avid bitcoin activist since 2011 and has been a key player in the crypto mining space for almost five years. His mission ...
οΏ½Guys buy into SOTFcoin
S1 million a month
SI was wrong on the time too lol
Sthat was 3 years ago but
οΏ½Jesus christ.. he has a wind farm
Sthats ridiculous
SI mean
Sit's profitable
She's making bank
She spends 80 thousand dollars a month on energy alone
Slmao
Rbro is not him
Rno
CMrau
οΏ½Yeah, he was one of the first Ethereum miners. There we go. That shit was like under $5 per coin back in the day, then roughly around 6 years ago it just skyrocketed to $1500+
C
οΏ½Mining 500 a day is tonnes.